Amber Enterprises Arm IL JIN Electronics Files DRHP for Rs 2,500 Cr IPO

IL JIN Electronics, a subsidiary of Amber Enterprises, has officially filed its Draft Red Herring Prospectus with SEBI. The company aims to raise Rs 2,500 crore through this initial public offering. This move marks a significant expansion effort for the electronics manufacturer as it seeks to strengthen its capital base in the competitive Indian market.